International Economic

German wholesale price deflation eases

By Benjamin Chiou

Date: Thursday 20 Jun 2024

(Sharecast News) - Producer-price deflation in Germany softened in May to its lowest level in 11 months, according to data out on Thursday from the Federal Statistical Office, Destatis.
The producer price index (PPI) fell at an annual rate of 2.2% in May, following a 3.3% drop in April. The consensus...

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